SiriusXM 2020 Subscriber Count Inches Up to New Record; 2021 Revenue Guidance Comes in Above Consensus

1 min read

Unlike many people throughout the world, SiriusXM Holdings (NASDAQ: SIRI) isn’t complaining about what a lousy year 2020 was. On Thursday, the company published its subscriber count from the year, indicating that it did relatively well.

In 2020, the satellite-radio purveyor’s all-important self-pay subscriber base grew by 909,000 — or 3% — to a record high of around 30.9 million people.

Some of the company’s growth, however, was due to acquisitions. SiriusXM pointed out that during its relatively busy 2020, it finalized purchases of such assets as Stitcher and Simplecast. Yet other factors, such as contract extensions with big partners like General Motors and BMW, were also at play.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

WD-40 Co (WDFC) Q1 2021 Earnings Call Transcript

Next Story

Duck Creek Technologies, Inc. (DCT) Q1 2021 Earnings Call Transcript

Latest from Blog